The future isn’t going to be exactly like the past, but enough so that you shouldn’t delude yourself that high tech toys will stick around. Be ready to devolve. And not in a hippie commune tree hugging windmill powering the boom box playing a CD of bongos serenading unicorns kind of way but a nastier serfs starving amid Thirty Year Wars while dying of Plague kind of way.
The Fed’s New Face, Same Old Game
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Kevin Warsh may talk tough, but Mark Thornton argues the Fed’s real mandate
hasn’t changed: finance Washington, protect Wall Street, and let inflation
grin...
8 hours ago
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